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You Searched For "interchange fees" and got 16 results


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5 mins read

Will UPI payments now attract charges? Decoding NPCI’s interchange fee on UPI transactions via prepaid payment instruments

The National Payments Corporation of India (NPCI) has introduced an interchange fee of up to 1.1% o…

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5 mins read

US card networks are going to raise interchange fees in April

Meanwhile, in Europe, interchange regulations are tightening in favor of merchants and consumers.&#…

Rachel Green   


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2 mins read

Visa and Mastercard are delaying fee increases that would have cut into stretched businesses' margins during the pandemic

How is COVID-19 impacting your employer? Contact this reporter via encrypted messaging app Signal (…

Rob Price   


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3 mins read

Stores and credit-card companies are in an all-out war over fees

According to the Wall Street Journal, the issue at hand is what are called swipe fees, or interchan…

Dennis Green   


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3 mins read

Fintech Revolut raises fees as it waits for licence

While Revolut still offers a better deal than many rivals - with the best rate of currency intercha…

Oscar Williams-Grut   


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8 mins read

Apple and Goldman Sachs are rolling out a credit card with no fees that aims to minimize interest payments. Here's how it could make money.

Swipe fees are typically used in part to defray the cost of rewards, and some cards command higher …

Alex Morrell   


Dan DeFrancesco   


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3 mins read

Credit-card points might be entering a new era

A cap on interchange fees may mean a shift in how consumers earn points on transactions.

Dan DeFrancesco,Alex Bitter   


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1 min read

You may have to pay more at checkout when using your Visa or Mastercard

Visa and Mastercard settled with US retailers over credit-card swipe fees. But the deal is set to l…

Grace Eliza Goodwin   


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7 mins read

Credit card companies are ripping you off like never before

Sky-high credit card interest rates are making it hard for many Americans to pay off their growing …

Ayelet Sheffey   


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5 mins read

Next time you get your credit card statement, you may want to give it a close look

Credit card companies are about to see limits on late fees and swipe fees, which means they're goin…

Emily Stewart   


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4 mins read

Here's how I prepared for my 15-hour long-haul flight to Hong Kong

Before I boarded my flight, I read what BI's travel reporters have been documenting for the past fe…

Joi-Marie McKenzie   


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6 mins read

What is a financial consultant, and what do they do?

Financial consultants help you reach your financial goals with expert guidance on a range of money-…

Tessa Campbell   


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4 mins read

I use a rainy day cash fund to splurge on items like SZA tickets. My method is a little 'girl math' and a little 'cash stuffing,' but it works for me.

I knew I would regret not going to the SZA concert more than I'd regret spending the money, so I di…

Jennifer Ortakales Dawkins   


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5 mins read

How Bethenny Frankel grew her influencer business to $3.2 million a year after leaving reality TV behind

Bethenny Frankel left reality TV. Now, she says she's making more annually as an influencer than a …

Madeline Berg   


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1 min read

White House refuses to pay for Twitter's Blue verification: Report

As Elon Musk gears up to start removing legacy verified Blue check marks from Saturday, the White H…